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 Strategies & Market Trends : Dividend investing for retirement

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To: Ditchdigger who wrote (11422)4/2/2012 10:40:50 AM
From: Sergio HRead Replies (2) of 15847
 
Hi Ditch. I'm surprised you went with LLY. I've been holding LLY for a while.

A quick synopsis.....their number one drug went off patent recently but they have a fantastic pipeline with several late round candidates. One potential blockbuster coming up for approval later this year.

LLY right now is like buying a biotech with a nice div.

I don't see the upside if they get the nod from the FDA. That looks priced in, so I think I will sell prior to the FDA decision on their Alzheimer drug.

What are your thoughts?
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